Sportsbook

Presenting Q1 2017 results, Kindred Group CEO Henrik Tjärnström has stated his firm will move to become a UK market player following the acquisition of 32 Red Plc for £175 million (deal announced February 2017). Kindred’s leader was pleased to have secured his firm’s thirteenth online gambling brand, adding a further renowned asset to Kindred’s regulated market portfolio. Tjärnström told …

Nordic Nasdaq-listed industry sports betting platform and software supplier  Kambi Group Plc (Kambi) has declared a difficult start to 2017, as the company’s operating profits and margin were hit by player friendly football results recorded during the final weeks of Q1 2017 (period ending 31 March).  The company had previously sent a communication to investors detail period impacts. Despite posting …

Stockholm-listed operator, Kindred Group Plc has declared a strong start to 2017 as the company benefits from an enlarged European sports betting and igaming portfolio of brands and assets. Publishing its ‘unaudited Q1 2017’ interim results Kindred would declare a consecutive ‘all-time’ high in group revenues of £153 million up 25% on corresponding 2015’s £122 million. Kindred governance detailed that …

Publishing NYX Gaming Group’s full-year 2016 fiscal results, CEO Matt Davey has stated that his firm is prepared to lead industry omni-channel solutions and technology having significantly grown its operations through strategic M&A during a transformative year for the Toronto TSX-listed business. Presenting FY 2016 results, an enlarged NYX group would report corporate revenues of CAD $164 million (£93 million), …

Leading South American and LATAM sports betting operator BetMotion (BetMotion.com) has announced that it will migrate its betting and gaming services onto AutoGameSYS (AGS) stand-out platform. Seeking to grow its operations within its core markets of Argentina, Brazil, Chile and Mexico, BetMotion expects to transition onto the AGS powered platform by the second quarter of 2017. Detailing the platform switch, …

Entering a new season of flat racing, online betting exchange Matchbook (Matchbook.com) has detailed that it will offer ‘commission free wagering on every horse race’ from Sunday to Wednesday until 17 May.  Matchbook, which has a 4/5 performance rating on Bookmaker Ratings, detailed that the promotion was developed in order to highlight ‘just how big an edge’ racing customers can …

FTSE-listed Ladbrokes Coral Group Plc has restructured its executive legal team, which will now be led by Lindsay Beardsell who joined the company as Group General Counsel last January. The company has informed that long-term Gala Coral General Counsel and Company Secretary Harry Willits has left the company, choosing not be part of the enlarged operators executive management team. Ladbrokes Coral …

Following this Sunday’s first round ballot, the 2017 French General Election will be decided by two outsiders as centrist Emmanuel Macron and far-right populist Marie Le Pen battle in the deciding 2nd round of voting on 7 May. Updating markets, the majority of bookmakers’ have priced Macron as firm 1/8 favourite (implied 90% chance of winning). Pollsters and commentators believe …

Graham Sharpe, William Hill’s Media Relations Director has confirmed to the Racing Post that he is leaving the bookmaker following 45 years of service. Sharpe who joined the bookmaker in 1972, has served as William Hill political betting lead and is the co-founder of the prestigious ‘William Hill Sportsbook of the Year’ prize, the firm’s longest serving sponsorship initiative. A …